Answers before the first call.

An Enrolled Agent (EA) holds the highest credential awarded by the IRS and has unlimited practice rights before the agency. Unlike a PTIN, which is simply required to prepare federal returns for compensation, EA status requires demonstrated federal tax competency, a suitability review, continuing education, and compliance with Treasury Department Circular 230. Kateryna can prepare returns and represent taxpayers before the IRS nationwide.

No. CPAs are licensed by state boards in the broader field of accounting, and many are excellent tax professionals. The CPA title alone does not mean tax is the practitioner’s primary focus. The EA credential is federal and specifically centered on taxation and practice before the IRS. The right choice depends on the work you need.

Your engagement is not handed to an anonymous assembly line. Kateryna reviews the facts, tax positions, and final filing. A trained team member may help organize documents and workflow, but professional judgment and final review remain with the Enrolled Agent.

TaxFM accepts a limited number of engagements so each file receives careful review and direct communication. The practice is designed for clients who value continuity, clear explanations, and a professional who remains available after filing season.

Yes. TaxFM serves clients nationwide through secure document exchange, electronic signatures, and virtual meetings. State filing availability is confirmed after reviewing residency, work locations, business activity, and the states involved.

Yes. TaxFM carries errors-and-omissions insurance. Insurance does not guarantee that every disagreement will be covered or eliminate the client’s responsibility to provide complete and accurate information, but it is an important part of an accountable professional practice.

Use the free 15-minute call to describe the issue, confirm whether TaxFM is a good fit, and identify the appropriate service. It does not include document review, calculations, or tax advice. Choose the paid 60-minute consultation for analysis of a specific situation, return review, calculations, or recommendations.

Choose how to get started

Fees depend on the forms, states, businesses, rentals, investments, foreign reporting, bookkeeping condition, and time required for review. The estimator provides a preliminary minimum, not a binding quote. The scope and fee are confirmed before preparation begins; additional work is discussed before it is performed.

Estimate the preparation fee

The engagement generally includes document intake, preparation of the agreed federal and state returns, professional review, electronic signature and filing when eligible, and delivery of the completed return. Bookkeeping cleanup, planning, notices, amendments, and research outside the agreed scope are separate unless included in writing.

Gather all income forms, deduction and credit records, business or rental records, the prior-year return, identity information, estimated-tax payments, and any tax notices. TaxFM provides interactive personal and business checklists.

Personal checklistBusiness checklists

Through the secure client portal. Do not send Social Security numbers, passports, identity documents, or complete returns through ordinary email. TaxFM provides the appropriate secure upload request after the engagement begins.

Timing depends on complexity, completeness of records, the number of states or entities, and current workload. An estimate is provided after intake. Missing documents, bookkeeping corrections, and late-season submissions can extend it; an exact IRS or state processing date cannot be promised.

An extension may provide additional time to file, but it generally does not extend the time to pay. Available information should still be reviewed so the expected balance can be estimated and paid by the original deadline when possible. State rules may differ.

No. Acceptance means the agency received the return and it passed initial electronic checks. It may still adjust a refund, request documents, send a notice, or examine the return later. Keep the final return and supporting records.

Yes. TaxFM can review filed returns for material errors and prepare eligible original or corrective filings. The procedure depends on the taxpayer, entity, year, state, and filing history; some partnerships may require an Administrative Adjustment Request rather than a conventional amended return.

Do not ignore it or assume the proposed amount is correct. Save every page and envelope, note the response deadline, and upload the notice with the related return and records. A notice is not automatically an audit or proof that tax is owed, but missing the deadline can reduce available options.

Yes, for eligible federal matters including notices, examinations, penalties, collections, and appeals. Representation usually requires written authorization and review of transcripts, returns, correspondence, and supporting documents. It provides professional analysis and communication, not a guaranteed result or processing time.

When appropriate, TaxFM can request authorization, review available account and filing transcripts, and communicate with the IRS within the authorized matter. Transcript availability varies, and a transcript does not always contain every document or explain why an adjustment occurred.

Sometimes. Possible options include a payment plan, penalty relief, currently-not-collectible status, an offer in compromise, or correction of an inaccurate assessment. Eligibility depends on filing compliance, deadlines, finances, payment history, and the legal basis for relief. TaxFM evaluates realistic options before recommending a strategy.

As a Certified Acceptance Agent, TaxFM can prepare Form W-7 and authenticate qualifying identity documents under IRS rules, allowing many applicants to retain their originals. Most applications are submitted with the federal return that creates the ITIN need unless an IRS exception applies. Requirements depend on the applicant and evidence provided.

No. An ITIN is a federal tax-processing number. It does not create immigration status, authorize employment, qualify a person for Social Security benefits, or replace an SSN. TaxFM assists with the tax application and does not provide immigration legal advice.

Yes, after reviewing the entity, ownership, transactions, books, and filing history. Foreign ownership can trigger additional information returns and significant penalties, including Form 5472 requirements in some cases. No form should be selected from ownership percentage alone without reviewing the full facts.

TaxFM works with sole proprietors and eligible partnerships, S corporations, and C corporations, including multi-state and selected foreign-owner matters. Acceptance depends on filing history, bookkeeping quality, ownership, deadlines, and whether the required information is available.

Yes, through monthly packages for different transaction volumes and reporting needs. Work may include account reconciliation, classification review, financial statements, and accounting oversight. The package is confirmed after reviewing accounts, monthly activity, payroll, sales channels, and the books’ current condition.

Compare bookkeeping packages

Yes, after a diagnostic review. Cleanup may include unreconciled accounts, duplicate or missing transactions, owner activity, loans, payroll balances, retained earnings, fixed assets, and differences between the books and filed returns. It is scoped separately because the work cannot be judged from a profit-and-loss statement alone.

TaxFM provides payroll coordination and oversight for selected ongoing business clients. Before starting, we review the entity, workers, state registrations, prior filings, payroll accounts, and notices. Corrections and multi-state employment issues may require a separate engagement.

TaxFM can explain federal and state tax consequences, estimated payroll and compliance costs, and the effect on your return. The decision depends on profit, ownership, compensation, state rules, administrative burden, and future plans—not a slogan that one structure always saves taxes. Legal formation advice may require an attorney.

Compare LLC tax options

Deadlines depend on the entity, tax year, elections, payroll, sales tax, information returns, states, and extensions. The TaxFM calendar is a planning aid for common federal dates, but your facts may create additional deadlines.

Open the tax calendar

Only requirements included in the written engagement and supported by information you provide can be monitored. A return engagement does not automatically include bookkeeping, payroll, sales tax, annual reports, estimated payments, foreign filings, or notice monitoring. The scope is confirmed in writing.

TaxFM works in English, Ukrainian, and Russian. Filings are prepared in the form and language required by the relevant U.S. agency, while explanations and client communication can be provided in your preferred language.